GILD has an experienced asset based lending and investing team in place. The team has managed the hedge fund GILD Arbitrage for close to 8 years. GILD Arbitrage capitalises on our expertise in finding and structuring attractive asset based lending and investing projects in the CEE region. From the fund's inception in April 2001 through September 2008, GILD Arbitrage has provided investors with an average annual net return of more than 23%.
In 2009, our asset based investing and lending team will first of all focus on working with current investments of GILD Arbitrage to produce optimal results for fund investors. However, exploiting our thorough experience in the region, we are also actively mapping the market regarding new directions in the sector of alternative investments, taking into account current market trends. Internally, we are improving processes and fine tuning workflow to be prepared for increased investment management capacity when we take advantage of prospective possibilities on the market in upcoming years.